Cinram, a Najafi Companies affiliate, has acquired JVC America Inc. (JAI), the games software division of JVC Americas Corp., a fully consolidated U.S. sales subsidiary of JVC KENWOOD Corporation. Terms were not disclosed. The deal is expected to close within 30 days.

With manufacturing and distribution operations in Tuscaloosa, Ala. and Kennesaw, Ga., JAI specializes in the manufacturing and fulfillment of gaming software for major gaming publishers. JAI also provides turnkey fulfillment services such as packaging, shipping and inventory management to satisfy the supply chain needs of software content providers.

Toronto-based Cinram is a leading service provider to the entertainment industry and one of the largest global manufacturers and distributors of pre-recorded media products for the world’s leading motion picture studios, record labels and game publishers. Cinram also provides turnkey packaging and distribution services to a growing number of non-media clients.

This transaction provides Cinram with the scale necessary to adapt to the changing landscape of the physical media industry, while strengthening its supply chain and expanding its product offerings to new and existing game publishing clients.

“Video games are one of the pillars of our global media business,” said Steve Brown CEO of Cinram. “This acquisition supports our games group significantly and allows us to further develop our offerings to our media clients.”

“JVC America furthers Cinram’s leading position in the multi-media industry,” said Najafi Companies CEO Jahm Najafi. “This acquisition allows Cinram to continue to lead the industry and strengthen its supply chains while expanding capabilities.”

Financial advisors for JVC Kenwood Corporation were SMBC Nikko.

Najafi Companies is an International private investment firm based in Phoenix, with offices in Los Angeles, New York, Paris, Toronto, London and holdings in sectors including consumer, media, technology, industrial, energy and real estate across seven countries. The firm makes highly-selective investments in companies with strong management teams across a variety of industries, often in areas undergoing rapid technological transformation. The firm takes a long-term view on its investments and focuses its efforts to create value through growth and superior performance. Najafi Companies funds its investments with internally generated capital, not through a fund. Free from the restrictions of a fund, the firm is able to move quickly and decisively when investing, and with no requirements to return capital to outside partners, Najafi Companies is able to make investments that create maximum value for the long-term.

The Navajo Nation Gaming Enterprise (NNGE), announced that the grand opening of its Twin Arrows Navajo Casino Resort, located along I-40, exit 219, just east of Flagstaff, Ariz., will take place May 24, 2013. Grand opening events throughout Memorial weekend will highlight rich Navajo traditions while showcasing the property’s state-of-the art gaming, luxurious resort accommodations, fine dining and culturally infused architecture.

The 267,000-square-foot facility showcases Navajo culture and features commissioned Navajo artists’ original paintings and other artworks. The structure was designed by the Friedmutter Group of Las Vegas – working with Navajo tribal members – and built by Hunt Construction Group.

“Twin Arrows will create a new benchmark in gaming entertainment while improving the economic health and prosperity of the Navajo Nation,” said Derrick Watchman, chief executive officer of the Navajo Nation Gaming Enterprise. “As northern Arizona’s premier destination casino resort, Twin Arrows will create approximately 800 full-time jobs with an annual payroll of $20 million, including salaries and benefits.”

Phase one of the $230 million facility includes 1,089 slot machines, 18 table games and 12 poker tables, live Keno, a five-story hotel with 90 rooms and suites 16,000 square foot banquet and conference center, fully equipped fitness center, heated indoor pool and six distinct dining concepts. The casino will operate 24 hours per day, seven days a week. The resort also offers 24-hour complimentary valet parking featuring a unique “Valet Express” mobile phone service system.

Six Distinct Dining Options

Twin Arrows Navajo Casino Resort offers an extensive variety of food and beverage options – sure to please every palate. Choose from casual eateries and a sports bar to fine dining and award-wining wines. Resort guests also have the option for in-room dining service 24 hours a day.

· Arrows Sports Bar: The sports bar offers a wide selection of local, regional and international beers as well as appetizers and entrees – including spicy wings, loaded nachos, steak and cheese fries, signature burgers, big-bowl salads and knife-and-fork sandwiches. The bar is surrounded by 19 large-screen HD TVs and a state-of-the-art sound system.

· Four Elements Café: The café offers a contemporary all-day dining menu, featuring a rich variety of dining options with a southwestern flair. Breakfast favorites include the three egg white omelet, buttermilk Navajo pancakes, skillets, baked sweet breads and Scottish smoked salmon. Throughout the rest of the day guests can choose from an extensive variety of salads, sandwiches, signature burgers, steaks, chops, seafood and desserts.

“Ya at’eeh. We welcome Arizona residents and tourists to experience our world-class gaming and array of dining options this summer,” said Maureen Curley, chairwoman of the Board of Directors for the Navajo Nation Gaming Enterprise. “We are committed to building business opportunities for the Navajo Nation as we provide an economic boost to the entire region and put Navajo people to work.”

Interior and exterior designs, lighting, colors and art installations incorporate the Four Worlds from the Navajo Creation and Emergence Story. Additionally, the basket weave pattern – to the importance of weaving in Navajo culture – can be seen on the exterior of the resort as well as in subtle interior details throughout the casino, restaurants and guest rooms.

Twin Arrows is the fourth casino of the Navajo Nation Gaming Enterprise. More information on Twin Arrows Navajo Casino Resort can be found on Facebook at www.facebook.com/TwinArrowsAZ.

A unique family entertainment experience. Get your game on at Uptown Alley, a 60,000 square foot entertainment and restaurant venue that is perfect for the whole family. The venue features Red Embers Bar & Grill, 40 lanes of bowling, over 75 video and prize games, two-story laser tag attraction, live entertainment and more.

Strike-up the fun for all ages, with high-tech bowling lanes that will complement all skill levels, from beginners to league bowlers. Uptown Alley will open in May at The Boulevard at Surprise Pointe at 13525 N. Litchfield Road.

The main attraction will be 40 high-tech bowling lanes. Catering to beginners, social bowlers or competitive league bowlers, there are opportunities for everyone to have fun.

“We are thrilled to bring Uptown Alley to the families and community of Surprise,” says Rebecca Bowers, General Manager. “This is a place the city can call its own and is perfect for a fun night together with friends and families.”

The chef-created menu at the venue’s full-service casual dining restaurant, Red Embers Bar & Grill, includes house specialty BBQ, gourmet pizzas and pasta, mouth-watering burgers, sandwiches and other Americana favorites. An open exhibition kitchen will create a distinct dining experience, seating 140 guests indoors and 60 on the outdoor patio.

Guests can let loose with two full bars and a large sports theater inside Uptown Alley. Signature libations and over 24 draft beers will be available for our guests. The enveloping sports theater rotunda will have six 55” flat screen HDTVs and a 15’ X 20’ projection screen for “front-row seats” to the big game.

Uptown Alley’s two-story, state-of-the-art laser tag arena will accommodate up to 24 players at a time for the ultimate laser tag experience. Specialty lighting and lively music makes this innovative laser tag course one of the highlights of the venue.

In the gaming area, individuals will discover a plethora of video and prize games, offering opportunities for everyone to find ways to challenge their skills and redeem points for great prizes.

Uptown Alley will also feature a 10-lane boutique ultra lounge called The Approach for guests 21 and over. In addition to “rock n’ bowling” with a contemporary sound system, The Approach will include a bar, entertainment and comfortable lounge areas with private party rooms and billiards for the ultimate social gathering experience.

Uptown Alley will host bowling leagues including programs for kids, teens and seniors. Private party packages for corporate events and individual functions are also available, accommodating up to 1,500 people.

Follow Uptown Alley on Facebook at www.facebook.com/uptownalleysurprise and on Twitter at @UptownAlleyAZ. For more information, visit the website at www.uptownalleysurprise.com. Uptown Alley will be open from 10 a.m. to 11 p.m. Sunday – Thursday and 10 a.m. to 1 a.m. Friday and Saturday. Call Uptown Alley at 623-975-PLAY (7529).